Ashmore Group Plc Stock Fundamentals
| AJMPF Stock | USD 2.30 0.15 6.12% |
Ashmore Group Plc fundamentals help investors to digest information that contributes to Ashmore Group's financial success or failures. It also enables traders to predict the movement of Ashmore Pink Sheet. The fundamental analysis module provides a way to measure Ashmore Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ashmore Group pink sheet.
Ashmore |
Ashmore Group Plc Company Current Valuation Analysis
Ashmore Group's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ashmore Group Current Valuation | 881.98 M |
Most of Ashmore Group's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ashmore Group Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ashmore Group Plc has a Current Valuation of 881.98 M. This is 97.31% lower than that of the Financial Services sector and 88.21% lower than that of the Asset Management industry. The current valuation for all United States stocks is 94.69% higher than that of the company.
Ashmore Group Plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ashmore Group's current stock value. Our valuation model uses many indicators to compare Ashmore Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ashmore Group competition to find correlations between indicators driving Ashmore Group's intrinsic value. More Info.Ashmore Group Plc is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 1.64 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ashmore Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ashmore Group's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ashmore Group's earnings, one of the primary drivers of an investment's value.Ashmore Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashmore Group's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Ashmore Group could also be used in its relative valuation, which is a method of valuing Ashmore Group by comparing valuation metrics of similar companies.Ashmore Group is currently under evaluation in current valuation category among related companies.
Ashmore Fundamentals
| Return On Equity | 0.0439 | |||
| Return On Asset | 0.0718 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.55 % | |||
| Current Valuation | 881.98 M | |||
| Shares Outstanding | 712.74 M | |||
| Shares Owned By Insiders | 40.09 % | |||
| Shares Owned By Institutions | 50.09 % | |||
| Price To Earning | 5.27 X | |||
| Price To Book | 1.63 X | |||
| Price To Sales | 8.18 X | |||
| Revenue | 254.4 M | |||
| Gross Profit | 177.5 M | |||
| EBITDA | 121.9 M | |||
| Net Income | 88.5 M | |||
| Cash And Equivalents | 849.4 M | |||
| Cash Per Share | 1.29 X | |||
| Total Debt | 8 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 7.91 X | |||
| Book Value Per Share | 1.36 X | |||
| Cash Flow From Operations | 157.4 M | |||
| Earnings Per Share | 0.07 X | |||
| Number Of Employees | 318 | |||
| Beta | 1.08 | |||
| Market Capitalization | 2.42 B | |||
| Total Asset | 1.1 B | |||
| Retained Earnings | 646 M | |||
| Working Capital | 563 M | |||
| Current Asset | 753 M | |||
| Current Liabilities | 190 M | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 4.69 % | |||
| Net Asset | 1.1 B | |||
| Last Dividend Paid | 0.17 |
About Ashmore Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ashmore Group Plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashmore Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashmore Group Plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The firm primarily provides its services to retail and institutional clients. Ashmore Group Plc was founded in 1992 and is based in London, United Kingdom. Ashmore Group operates under Asset Management classification in the United States and is traded on OTC Exchange. It employs 315 people.
Pair Trading with Ashmore Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ashmore Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ashmore Group will appreciate offsetting losses from the drop in the long position's value.Moving against Ashmore Pink Sheet
| 0.82 | CVX | Chevron Corp Earnings Call Tomorrow | PairCorr |
| 0.82 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.77 | CAT | Caterpillar Earnings Call Today | PairCorr |
| 0.76 | XOM | Exxon Mobil Corp Earnings Call Tomorrow | PairCorr |
| 0.76 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Ashmore Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashmore Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ashmore Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ashmore Group Plc to buy it.
The correlation of Ashmore Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ashmore Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashmore Group Plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ashmore Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashmore Group Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Ashmore Pink Sheet analysis
When running Ashmore Group's price analysis, check to measure Ashmore Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashmore Group is operating at the current time. Most of Ashmore Group's value examination focuses on studying past and present price action to predict the probability of Ashmore Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashmore Group's price. Additionally, you may evaluate how the addition of Ashmore Group to your portfolios can decrease your overall portfolio volatility.
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